The table below shows the projected free cash flows of an acquisition target. Estimate the maximum acquisition price $($MAP$)$ as of the end of $2021,$ using a $9\%$ discount rate and a terminal value $(2025$ is the beginning of terminal period with a $3\%$ perpetual growth rate$)$:

YEAR $2021($Year $0)2022202320242025$

FREE CASH FLOW $($$ thousands$)-$$$253$ $$97$ $$119$ $$147$ $$187$

The Present Value of $$1$ Table tells us:

Period $($n$)$ Present Value Factor at $9\%$ Discount Rate

$1\mathrm{.}917$

$2\mathrm{.}842$

$3772$

$4.708$

Group of answer choices

$$2,454,821.$

$$1,100,190.$

$$3,720,119.$

$$5,225,322.$